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| Exchange Disseminated Time | Future Lifestyle Fashions Ltd has informed BSE that the Committee of Directors (duly empowered by the Board) at its meeting held on April 01, 2015, has considered and allotted 32,96,700 (Thirty Two Lakh Ninety Six Thousand Seven Hundred) Equity Shares at a price of Rs. 91/- per share (including share premium of Rs. 89/- per share) aggregating to Rs. 29,99,99,700/- (Rupees Twenty Nine Crore Ninety Nine Lakh Ninety Nine Thousand Seven Hundred only) to M/s. Arlette Infrastructure Private Limited (AIPL), consequent upon conversion of 32,96,700 (Thirty Two Lakh Ninety Six Thousand Seven Hundred) Compulsorily Convertible Debentures (CCDs) of Rs. 91/- each (convertible into equivalent number of Equity Shares of Rs. 2/- each) issued on November 17, 2014 to AIPL by the Company on preferential basis.
Post allotment, the Equity Paid-up Capital of the Company stands increased from Rs. 37,24,18,062/- (Rupees Thirty Seven Crore Twenty Four Lakh Eighteen Thousand and Sixty Two) divided into 18,62,09,031 (Eighteen Crore Sixty Two Lakh Nine Thousand Thirty One) Equity Shares of Rs. 2/- (Rupees Two only) each to Rs. 37,90,11,462/- (Rupees Thirty Seven Crore Ninety Lakh Eleven Thousand and Four Hundred and Sixty Two) divided into 18,95,05,731 (Eighteen Crore Ninety Five Lakh Five Thousand Seven Hundred and Thirty One) Equity Shares of Rs. 2/- (Rupees Two only) each. |
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